Health Care

Health Care

How do health care reform and taxes connect? The Affordable Care Act is single largest change to the tax code in two decades. Find help navigating the complexities of the new health care legislation, Medicare, Medicaid and other medical deductions.

Valued Neighbor
Posts: 149
Registered: ‎04-06-2016

Re: Why is the IRS requesting Form 8962 and 1095-A?

This is incorrect.  


When filling out Part IV, line 30, you'd put the policy number and SSN of the policy holder from the 1095-A, the allocation months that you were covered on the plan, and then YOUR allocation amounts (0) for boxes 3e-g.  You do NOT list the allocations for the other people on the policy in Part IV.

See the example on page 18 of the instructions for Form 8962: . It also states on page 18: "If you shared multiple policies during the year or must do more than one allocation for a single policy, complete lines 31 through 33 for each separate allocation, as needed.", so the lines 30-33 are for allocating for different policies, not between different policies.  You only list the amounts allocated to you in Part IV.  Your parents will list their allocation on their 8962.


There's another example that's specific to allocating among 3 families here (scroll down to the last example):




Hi LegallyRobbed,


Yes, you'll fill in part IV with your information, your brother's information, and your dad's information.